The government will create a regulation to accommodate blended financing -- the method of combining grants from donors with commercial funds -- to support Sustainable Development Goals (SDG) programs.

Such a regulation would allow the private sector to take over SDG projects from the government, said National Development Planning Minister Bambang Brodjonegoro in Jakarta on Wednesday, adding that for Indonesia, blended financing was important so that it could benefit from grants for SDG projects.

"For example, in a waste management project, the government gives the right to a private company as its partner to carry out the project, and the partner will manage the blended financing," he said at the State Palace in Jakarta.